Articles Tagged "acquisition"

Highland Signs LOI for Copper Properties

Highland Resources Inc. (CVE:HI) signs a non-binding Letter of Intent for the acquisition of an interest in and development of certain copper resources located in Keweenaw and Houghton Counties, Michigan.

Castle Resources Acquires 100% Interest in Granduc Copper Project

Castle Resources Inc. (CVE:CRI) reports that the company has acquired a 100% interest in the past producing Granduc Copper Mine located near Stewart, B.C. from Bell Copper Corporation.

Pacific Copper has acquired San Enrique Property

Pacific Copper Corp. declared that it has, through its Chilean subsidiary Pacific Copper Chile Limitada, entered into a mineral property acquisition agreement with Gareste Limitada to purchase the San Enrique property located in Atacama Region III, Chile and comprising 100 hectares. For full story, clcik here

First Quantum Minerals raised bond issue, acquisition forecasted

First Quantum Minerals has raised its bond issue to as much as $500 million from $400 million on Wednesday, and markets speculated the company could use the funds to try to acquire oft-rumored target Equinox Minerals. George Topping, an analyst at Blackmont Capital in Toronto, stated: Everybody knows they own almost 20 percent of Equinox [...]

Wave of optimism spreads over copper market

By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures closed with moderate losses on Wednesday but pushed into positive territory in after hours trading following the U.S. Federal Reserve’s announcement to purchase long-term Treasury debt. Copper for May delivery finished $0.75 lower at $1.7165 a lb on the New York Mercantile Exchange’s [...]

MIL Resources To Acquire 50% of Titan Metals Limited

MIL Resources Limited announced that it has reached agreement to acquire 50% of Titan Metals Limited, a private PNG registered company which holds 8 Exploration Licence Applications (ELAs) covering over 10,000 sq km in PNG and hosting potential for significant discoveries of gold, copper, nickel and molybdenum deposits. For full story, click here